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COVID-19 puts over half of 2020 passenger revenues at risk
IATA released updated analysis - ATTACHMENT
The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will see airline passenger revenues drop by $314 billion in 2020, a 55% decline compared to 2019.On 24 March IATA estimated $252 billion in lost revenues (-44% vs 2019) in a scenario with severe travel restrictions lasting three months.The updated figures reflect a significant deepening of...
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